1501, Rimal 2
Sold prices and rental history: sold 3 times, last in January 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Rimal 2
What is 1501 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 May 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 1,146 sqft
- Floor
- 15th of 40
- Parking
- M656
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 21,100 /yr
- Last sold
- AED 1.2M · January 2013
- Building
- Rimal 2
About 1501, Rimal 2
1501 is a one-bedroom apartment of 1,146 sqft on the 15th floor of Rimal 2, a 40-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 8 January 2013 for AED 1,200,000, or AED 1,046 per sqft, 66% above the AED 632 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 25 May 2019, is AED 80,000 a year: a gross yield of 6.7% on the 2013 price, before the service charge of about AED 21,100 a year.
Sales and rents for 1501 over time
1501 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Rimal 2, and where 1501 sits
All 30 1-beds →1501 last sold in January 2013 at AED 1,046 per sqft, 66% above what one-beds in Rimal 2 were fetching at the time (AED 632). Over the last 12 months one-beds sold for AED 1,675,000, around AED 1,461 per sqft, and rent for AED 103,333 to 105,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jan 20265 January 2026 | 1,146 sqft | 1,675,000 | 1,461 | ||
| 29 Jul 202529 July 2025 | 1,146 sqft | 1,850,000 | 1,613 | ||
| 17 Jun 202517 June 2025 | 1,146 sqft | 1,635,000 | 1,426 | ||
| 24 Apr 202524 April 2025 | 1,146 sqft | 1,355,000 | 1,181 |
Rimal 2
Building156 apartments, studios to 4-bed over 40 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,989
- Typical sale
- AED 2.8M
- Typical rent
- AED 159K /yr
- Typical yield
- 4.9%
Other units on the 15th floor
All 156 units in Rimal 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | Studio | 759 sqft | AED 1.23MAED 1,225,000 · Nov 2024November 2024 | 68,000 /yr | |
| 1503 | 1-bed | 1,146 sqft | AED 1.65MAED 1,650,000 · Nov 2024November 2024 | 80,000 /yr | |
| 1504 | 3-bed | 1,894 sqft | AED 699KAED 699,000 · Jun 2015June 2015 | 200,000 /yr | |
| 1505 | 3-bed | 1,894 sqft | AED 699KAED 699,000 · Oct 2007October 2007 | 166,980 /yr |
1501, Rimal 2 in numbers
- Sold 3 times: first on 19 August 2010 for AED 415,000, last on 8 January 2013 for AED 1,200,000 (AED 1,046 per sqft).
- Rented since March 2013 on 5 Ejari contracts, from AED 88,822 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2013 price is 6.7%, before a service charge of about AED 21,100 a year (AED 18.38 per sqft).
- One-beds in Rimal 2 sold for AED 1,675,000–1,675,000 in the 12 months to November 2026; the building's median across all types is AED 1,989 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 25 May 2019.
Questions about 1501, Rimal 2
What did unit 1501 last sell for?
AED 1,200,000 on 8 January 2013: AED 1,046 per sqft for 1,146 sqft. The unit has 3 registered sales; the first was AED 415,000 in August 2010.
What is the rent for unit 1501?
AED 80,000 a year on the contract renewed on 25 May 2019. The previous contract, from April 2017, was AED 100,000; the unit has been rented since March 2013.
How big is unit 1501?
1,146 sqft (106.5 sqm): a one-bedroom apartment on the 15th floor of a 40-storey tower completed in 2007.
What is unit 1501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rimal 2 sold for AED 1,675,000 to 1,675,000 in the last 12 months, around AED 1,461 per sqft.
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Mortgage on 1501, Rimal 2
Starts from the last sale price (AED 1.2M, 8 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →